Analysts suggest that Solana ($SOL) could surpass Ethereum ($ETH) in transaction fees this week. Solana is seen as a strong competitor in key metrics and could potentially lead in MEV revenue. While Solana may not surpass Ethereum in market cap, it could outperform in transaction fees, potentially becoming a significant player in the blockchain space.
🚨JUST IN: $ETH BECOMES INFLATIONARY AFTER DENCUN UPGRADE REDUCES FEES BY 4X - WEAKENS IMPACT OF BURN MECHANISM
Is solana the next best smart contract L1 blockchain after ethereum? Which other L1s do you think could hold that title by end of this cycle?
Will Solana flip Ethereum? In terms of market cap, maybe not. But in terms of transaction fees, yes it could! According to @smyyguy of @blockworks, $SOL could flip $ETH in transaction fees this month, and as early as this week. Is #Solana the only real #Ethereum killer? 💥
$SOL remains my highest conviction play this cycle and makes up the largest percentage of my portfolio. Looking at the way things are trending, I don’t think we are that far away from Solana convincingly leading in all key metrics. Solana flipping Ethereum in MEV revenue…
🚨JUST IN: ANALYST SAYS $SOL COULD FLIP $ETH THIS WEEK FOR TRANSACTION FEES